Layoff Wave all over the World because of Financial Crisis
Chrysler announced to lay off 5,000 employees
According to U.S. media reports this morning, as the deepening global financial crisis, car sales continue to decline, the U.S. car maker Chrysler Corporation announced to dismiss a quarter of employees (referring to the labor contract providing a monthly salary or an annual salary). This number will reach to 5,000.
Technology Companies lay off 19,700 people in September
Under the influence of financial crisis, the technology companies have laid off 19,683 employees, whereas 13,809 people were announced last week, they are mainly: Xerox layoffs: 3,000; Daptiv layoffs: 21; Haute Secure layoffs: 3; Cake Financial layoffs: 6; Mercent layoffs: 6; Dell layoffs: 8,900 people; imeem layoffs: 20; Mahalo layoffs: 6; TicketMaster layoffs: 300; Eons layoffs: 8; Veoh layoffs: 15; Yahoo layoffs: 1,500; Wikia layoffs: 3; Meraki layoffs: 10; Break.com layoffs: 11 people, etc.
To deal with the financial tsunami, a quarter of American companies lay off employees to lower the cost
Watson Wyatt Worldwide in middle October made a survey on 248 U.S. companies. The result showed that one-third of the companies plan to discuss on wages and benefits issues with employees, 26% of the company plans to lay off the employees, while 25% of the companies may stop recruiting new employees.
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